Rumen Porodzanov was born on 17 August 1964. He holds a MA degree in Agrarian Business, Economics and Management and a MA degree in Defence Industry, Economics and Management from the University of National and World Economy. He has specialized in public finance, public management and structural reforms in the Joint Vienna Institute, Austria and the USA. He is fluent in English and Russian.
Porodzanov has a long professional experience at the Ministry of Finance. From 1992 to 2009 he has consecutively held appointments in expert positions at the Special Activities Funding Division, Head of Finance, Agriculture, Trade and Services Division and Director of Real Sector Finance Directorate. In the period 2009-2011 he is Head of the Cabinet of the Minister of Finance
He has also held executive positions in the real and public sector, including Chairman of the Board of Directors of "Arsenal" AD-Kazanlak (1993-1999), Chairman and Member of the Board of Directors of "Bulgartabac Holding" AD (2001-2005), member of the Board of Directors of "Sofia Tobacco Company" (2005-2011), Chairman of the Board of Directors of "Burgas-Alexandroupolis Oil Pipeline Project Company", Chairman and Member of the Supervisory Board of "Bulgarian Development Bank" (2009-2014).
In the period March 2011- end of August 2013 Rumen Porodzanov takes the position of Executive Director of the State Agriculture Fund- PA. He has also been the head of the institution in the period November 2014 - February 2017.
In 2014 he was appointed for Minister of Finance in the Caretaker Government.
Rumen Porodzanov is Minister of Agriculture, Food and Forestry from 04 May 2017.